Back

Nandha Reddy

Co-Founder & CSO @Me...ย โ€ขย 1d

Making money in a business is not just by selling your product only... (Yes). we have 27 other ways to do so. Sometimes.... You have to stop thinking about just selling your product, real money comes from the strategy. In service based companies you earn the money from deposits, memberships and referral commissions. But In sales, you profit from financial deal, ongoing fees and controlling the supply chain. bored and just not understood how this applies in the real world?. The Story of Amazon vs. Shopify In the early 2000s, Amazon was already a giant in e-commerce, selling everything from books to electronics. Most people thought Amazon made money just by selling products. But Jeff Bezos had a bigger planโ€”he focused on strategy, not just sales. Instead of depending only on product profits, Amazon built Amazon Prime (a membership service), Amazon Web Services (a recurring service platform), and an affiliate program (referrals). Now, even if you donโ€™t buy anything on Amazon, you might still be paying them monthly for Prime or using their cloud services through AWSโ€”which power companies like Netflix! Now letโ€™s contrast that with Shopify, a service-based company. They donโ€™t sell products themselves. Instead, they provide tools for other people to set up online stores. Shopify earns money through subscriptions, payment processing fees, and app store commissions (like memberships and referral commissions). They donโ€™t need to control the supply chain like Amazon, but they still rake in millions by offering a platform. --- Moral of the story? Success isn't always about selling a product. It's about building a smart money strategy around the business modelโ€”whether it's memberships, referrals, financial leverage, or supply control.

0 replies2 likes

More like this

Recommendations from Medial

Image Description
Image Description

Pavan L Maragi

ย โ€ขย 

Southcore Technologiesย โ€ขย 3m

Assume you are selling a 100rs product for 500rs on Amazon, what will be the final payout from the Amazon after all the deductions

10 replies5 likes

Pravesh Mourya

Young and energetic ...ย โ€ขย 10m

Hey anyone here can tell me some trade opportunities or selling business of product and service which have demand but have low supply or have less competition

0 replies1 like
Image Description
Image Description

Nawal

Entrepreneur | Build...ย โ€ขย 5m

"Marketing isn't just about selling a product" It's about selling emotions!

7 replies17 likes
3

Venture Linkup

Where Businesses Con...ย โ€ขย 2m

"Focus on Building a Strong Brand, Not Just Selling a Product!"

0 replies3 likes
1
Image Description
Image Description

Aastha Anand

Startup | VC | Autom...ย โ€ขย 7d

Whatโ€™s harder? - Coding the product - Talking about the product - Selling the product

7 replies11 likes
Image Description
Image Description

varun ravipati

Hey I am on Medialย โ€ขย 7m

Hi guys I am planning to be a seller on Amazon. I am thinking of selling some usb cables first to enter into the market and I am thinking of adding a product of some other category. Can u guys give me a suggestion on what to list for selling...

3 replies5 likes
Image Description
Image Description

Inactive

AprameyaAIย โ€ขย 8m

How to Make People Want Your Product by Refusing to Sell It ? In 2007 (My Birth Year), a new luxury brand took a bold approach that seemed counterintuitiveโ€”they refused to sell their product to just anyone. Enter Supreme, the streetwear brand that

See More
8 replies3 likes

Biswajeet Sen

Founder & CEO | Fits...ย โ€ขย 1d

AI isn't just a buzzword anymore โ€” it's reshaping industries. From automating customer service to optimizing supply chains, smart businesses are already leveraging AI to scale faster. The future is now.

0 replies1 like

Harsh Dwivedi

ย โ€ขย 

Medialย โ€ขย 5m

Breaking the rules of growth: Why Shopify bans KPIs, optimizes for churn, prioritizes intuition, and builds toward a 100-year vision | Archie Abrams (VP Product, Head of Growth at Shopify) Archie Abrams is the VP of Product and Head of Growth at Sho

See More
0 replies26 likes
10

Thakur Ambuj Singh

๐Ÿš€ Entrepreneur | Re...ย โ€ขย 1m

Building an Unstoppable Business? Focus on Operational Efficiency! ๐Ÿš€ Amazon, Tesla and McDonald's have mastered streamlined processes to deliver maximum value whether itโ€™s supply chains, manufacturing or fast food service. Efficiency creates a stro

See More
0 replies6 likes
2

Download the medial app to read full posts, comements and news.